Biesterfeld Group acquires majority stake in GME Chemicals

Biesterfeld Group acquired a majority stake in Singapore-based GME Chemicals, a distributor of specialty chemicals and polymers in Southeast Asia, with a complete takeover planned in five years.

“The Biesterfeld Group, Hamburg, has established a joint venture by acquiring a majority stake in Singapore-based GME Chemicals.”gme-chemicals.com

• 2 sources
• gme-chemicals.comBiesterfeld Group acquires GME Chemicals & expands its presence in Asia - GME Chemicals (S) Pte Ltdmpd.shafeeqOct 20, 2021
• majunke.comEY Law berät die Biesterfeld Gruppe bei der Übernahme der südostasiatischen GME Chemicals Gruppe – MAJUNKE.comOct 20, 2021

Summarized from public sources; check the original articles before acting on it.